Regional Developments In CBDCs And Implications For India.

May 17, 2022 by Soniya BK

On March 22, 2022, Project Dunbar – a collaborative effort between the Monetary Authority of Singapore, the Reserve Bank of Australia, Bank Negara Malaysia and the South African Reserve Bank concluded the development of working prototypes of a common platform for multiple central bank digital currencies (CBDCs), with the objective of enabling cheaper, faster and safer cross-border payments.

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